by Morinville News Staff
Albertans who file their 2015 tax return and meet income criteria will start receiving the carbon levy rebate in January 2017.
The province says single Albertans whose net income is below $47,500 or couples and families whose net income is below $95,000 will receive a full rebate of $200 and $300 respectively. Couples with two children under the income level will receive $360.
Although the rebate begins to phase out above those income levels, singles earning less than $51,250 and a family with two children earning less than $101,500 will receive a partial rebate.
The government says the rebates provide “upfront, timely support to lower- and middle-income Albertans to help manage increased costs associated with the carbon levy.”
Carbon levies take effect Jan. 1 impacting diesel 5.35 cents per litre, gasoline at 4.49 cents per litre, natural gas at $1.011 per Giga jewel, and propane at 3.08 cent per litre. Further levy increases will take effect Jan. 1, 2018.
Further details on the carbon levy are available at alberta.ca/climate-carbon-pricing.aspx.